en.Wedoany.com Reported - Zimbabwe will highlight its mining investment environment at the African Mining Week (AMW) in October this year, aiming to attract global capital and achieve its goal of building a $12 billion mining industry by 2030.

Zimbabwe has shifted towards actively attracting foreign investment in recent years. The Indigenization laws under former President Robert Mugabe once restricted foreign companies from holding majority stakes in mining enterprises. After the 2017 coup, the new government led by Emmerson Mnangagwa overturned this regulation. Since then, the country has implemented multiple reforms to restart foreign capital inflows.

At this year's AMW, Zimbabwe will appear in a dedicated country-focused session, with representatives from the Ministry of Mines, the Chamber of Mines, and major mining companies in attendance. Zimbabwe has over 60 known minerals, including gold, lithium, platinum group metals, chromium, coal, and rare earths. In May 2026, the country reduced fees for key mining licenses and export permits to lower investor costs. These reforms have driven a shift towards lithium processing, with Huayou Cobalt exporting lithium sulfate for the first time after quota updates.

This AMW focus event will be held from October 14 to 16 in Cape Town. Zimbabwe is reshaping its mining regulations and reforming its political landscape. On June 24, 2026, the Senate passed a bill postponing presidential elections and reforming the electoral system. For investors, this event offers a window to observe governance changes, and whether its $12 billion mining target can be achieved remains to be seen.

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